Volvo XC90 T5 Momentum 57k $341 pm

The paperwork is a bit weird. Can’t figure out the calc. Basically I got Costco/first responder/lease cash, 16 percent off, decreased residual for 3000 miles, and put full MSDs. The weird thing is my drive offs were too low to make use of the 1500 dollar first responder discount so he took it off the MSDs due at signing but I still get back the full MSDs at the end of the lease. Since the cars already registered in California there’s only $144 in taxes and fees at signing.) So on the calc, the total lease cost is dead on, but on my lease I actually pay 383 per month (413 inc tax) but get back 1500 dollars more in MSDs than what they collected from me today. From the contract: MSDS 4500, first payment 413, fees 144, rebates $1500, amount due in cash $3558.

Include as much information as possible in your post, and even a celebratory picture. :wink:

Year, Make, Model, and Trim: 2020 Volvo T5 Momentum
MSRP: $ 56500
Monthly Payment: $ 383 (effective $341)
Drive-Off Amount: $ 3557 (MSDs)
Months: 36
Annual Mileage: 10
MF: .00148
Residual: 33,666
Incentives: first respond 1500, Costco 1250, Volvo lease 2500
Region: CA
Leasehackr Score: 13.2
Leasehackr Calculator

leasehackr.com/calculator?make=Volvo&miles=10000&msd=10&msrp=56500&sales_price=43715&months=36&mf=.00148&dp=0&dealer_fee=85&acq_fee=995&taxed_inc=1500&untaxed_inc=0&rebate=0&resP=59.59&reg_fee=53&sales_tax=7.75&demo_mileage=0&memo=20%20xc90%20momentum%20&zero_driveoff=true&monthlyTax_radio=true

9 Likes

This is amazing! Great work. I’ve been waiting to get into a T5 XC90 for under $375/mo with those terms.

Which dealer? Great price.

In Northern California. And I’m not sure they have any loaners left. PM me if you want more info.

Nice job! Sounds like a really nicely equipped T5 model! Enjoy the car.

I wouldn’t say”nicely” equipped. But it’s equipped:). Just has the wheels, metallic paint, navigation and heated rear seats. Could be missing something insignificant but basically that’s it. On any of these cars if you want a low payment you can’t get the tricked out version (in my experience.)

Great deal! Any pics?

There it is.

15 Likes

Looks like it has the panoroof. Nice!!

Great deal and very nice truck. I would jump on that deal tomorrow if it was AWD

It is definitely awd

1 Like

For 2020 XC90 loaners and demos should we target at least 15% off MSRP before incentives? So does the new car incentives also apply to demos/loaners such as lease cash and Costco correct? Will MF used be different or same since RV should be a bit different than brand new correct?

16 percent. For mine. Yes they apply. Residual is .25 cents less for each mile. MF is the same.

No, it is $0.20 on Volvo

I think it’s different in California. Definitely .25 here.

It is $0.25 for overage on lease end. $0.20 for loaner mileage penalty. The same everywhere.

So how do you calculate residual for a loaner for 36/10K using the $0.20 penalty if say a new one has 61% residual?

Calculate RV for car.

Multiply # of miles by $0.20 for Volvo.

Subtract whatever you got from RV.

I believe it is like this example:
msrp 50k car with 61% residual would be $30,500 RV
50k car with 61% residual and 5k demo miles would be 30,500 -0.20*5000 = 29,500 RV

Like others said or you can just add (miles * $0.20) to the sales price to see payments in the calculator.